Members Podcast Thursday – A couple of new holdings
A couple of new stocks today as the market fades into the US holiday
End of Day Report Thursday – Bullock Puts Spanner in the Works
The ASX has closed down 44 points (-0.6%) to 7029. A solid night in the US not enough to outweigh selling pressure caused by a Hawkish Michele Bullock and falls in the oil price.
Henry’s Take – The London Report
London Mining Conference – Big Themes – Small Companies – Potential
Members Podcast Wednesday – Yawn
Very quiet day ahead of the US holiday – ASX 200 up 7 points. Bit of a yawn.
End of Day Report Wednesday – Down 5 Points
ASX 200 slid 5 points to 7073 (-0.1%), in a quiet directionless day of trade. SPI Futures this morning were -6. Sectors finished mixed. Interest rate-sensitive sectors took cues from Wall Street overnight
Pre-Market Report FOMC Minutes Show Cautious Fed
Wall Street finished down on Tuesday after minutes from the latest Fed meeting showed officials agreed to take a cautious approach moving forward. The Dow fell 63 points (-0.18%), trading lowe
Technical Scans – S&P 500 Oversold
S&P 500 went into overbought territory yesterday on a daily basis.
Consumer staples continues to slide. At a 52-week low.
Uranium ETF’s holding at overbought levels. The commodity price breached US$80/pound.
Marcus Strategy Wednesday – Taking a breather
SPI Futures down 6. Nvidia fails to set the market alight. Predictable. FOMC Minutes. Predictable. Holiday coming up – getting quiet. Making money in currencies is possible. The Global Nuclear Renaissance and the uranium conundrum. No need to sell anything yet.
ASX Today
The ASX 200 flat, up one point to 7079, trading in a narrow range, struggling for any direction. Tech stocks are falling in lockstep with the NASDAQ overnight. SQ2 down 1.5% and XRO off 0.7%. All-Tech index down 0.7%. Iron ore miners doing
End of Day Podcast – By Marcus – Quiet day
Quiet day – Market down 5 in a narrow session – Bullock speaks tonight